Denton Record-Chronicle (Denton, Tex.), Vol. 37, No. 273, Ed. 1 Wednesday, June 29, 1938 Page: 6 of 8
This newspaper is part of the collection entitled: Denton Record-Chronicle and was provided to The Portal to Texas History by the Denton Public Library.
- Highlighting
- Highlighting On/Off
- Color:
- Adjust Image
- Rotate Left
- Rotate Right
- Brightness, Contrast, etc. (Experimental)
- Cropping Tool
- Download Sizes
- Preview all sizes/dimensions or...
- Download Thumbnail
- Download Small
- Download Medium
- Download Large
- High Resolution Files
- IIIF Image JSON
- IIIF Image URL
- Accessibility
- View Extracted Text
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
-4
someskn.
DENTON
52
»
r
i
t;
e
' *■; 1
C
w. f
-0
T
Visitors to San Francisco’s fair will be able to
Me
Id
us like a heck of a reason for visiting a fair.
M
0,
184
DENTON, TEXAS. JUNE 29, 1938
4
202
CIRCUS FOLDS UP
A
(•
8
X-Ra
3,--
M
womgee"
$
-
9
Po
Tomorrow—Willy Nilly Explains.
TK
up
Candic
LEWISVILLE
b
NOTICE!
F
Candie
For
may buy unlisted bonds of small local corpora-
and
For
For
For
Try a Loaf Of
Bread
Today At Your Grocers
COFFEE, pure. 2 Ibs. ......250
4
9c
CATSUP. 16 oxa
CRABLE
• • y
1
Me
is m."
MRS.
4
e
Po
v
l
79c
l
4-
1
Pot
Kimbrough-Tobin Drug Store
ALL
are far from sure of it
such an upswing can be more
Telephone 47
Free Dattrary
FROCKS
AT
SALE
4
PRICES
a
I
Grant Vogue
Phone
Tel
•J
4
en
8
$
y 9
42-6
CORN FLAKES, 1*. pkg. 9c
SLICED BACON, extra
Splvador Bows to U. S.
Constitution
with
snt 1
rood. 1b. ...
Phono 27
GLAS
Lei
Cray';
reactions of the
Which seems to
A group representing the City of
Denton and the local Chamber of
For C
Your vc
Cai
Wil
Call Us for CREOSOTE
Treating Timbers, Chicken Houses
For C
Your vo
M L
of
Glass
> iw.
Bkau
anc
fitted
Clini
Come in
and ask
about it
ca
Bolle
observe in a test chamber
nervous system to city no
AM}
NON-
orrl
etc |
Clurk
For
Ye
BAKERY
Phone 481
1224 W Hickory
Fo
Will
A.
Can
Bolici
BEAUTIFUL
NEW
FLOORS
of 'em, but I neglected to get their
telephone numbers ”
Plea
Iitical
A magnetic hatr-pin has just been invented.
Sales aren’t expected to be so hot among the
steely-eyed westerners.
We will meet any prices
on tires and tubes, giv-
ing you the Silvertown
Golden Ply. None better.
Hopper Auto
Supply
New Location:
East Side Square
Lost ।
secured,
Record-'
A e
For C
Yur vc
I
t
—e.
De;
to be considered.
One laugh came when Dewey
Lawrence of Tyler. after commend-
ing the commission for its handling
vided into 14 departments, presid-
ed over by governors appointed by
the president for terms of four
years.
The independent history of Sal-
vador has been marked by a num-
ber of revolutions and by wars
between the Central American
countries The Salvador Constitu-
tion commemorative, multi-hued
is reproduced above.
(Copxriht. 1938. NA Service. Inc.
KING’S GROCERY
& MARKET
For C
R
Morris
& McClendon
Denton, Texas
MRS
Tea
Btudic
i
■ •
Grady Woodruff
FOR STATE SENATOR
Works for Denton County’s Interests
J. J. MACLACHLAN
Bmoot-Curtis Bldg.
Phone 865
• STORIES
IN STAMPS
—..............
For
F
.46.50
2188
, JO
Sundown
Stories
22
YOUR CHILDREN -
They change so rapidly in a f w years. Rut a photc -
graph of them never r ws up. See us today:
CARRUTH STUDIO
North Side Square
Personals
Misses Emma Pearl Saunders and
Anella Crawfordm were in Dallas.
Mrs Lee Knight and daughters
M
For Cc
Your v
2 3
3
nd •
X :
1:
4
BIBLE THOUGHT vox
TODAT
“MARY DEAN
! ASK FOR
PURITY, BREAD
erick’s primary opponent in Tekas has stirred
Washington’s liberals en masse.
(Copyright, 1938. NEA Service, Inc.)
Man About Manhattan
Are easy to have with
HILCO
“Handy Sandy”
FLOOR SANDER
QUIET
DUSTLESS
EASY TO
OPERATE
Removes
Old
Varnish
g
y
5
Success is the ability to get along with other peo-
ple-and like it.—Office Economist
7 .
The post office has received a supply of two-cent
stamps and two-cent postage stamped envelopes for
i
Purity Bakery
PHONE 106
. 5-
g2*
-......" mAerr . ■ ont2e*......... n* .
,TuxAS.KcOMD-CUMONICLL,,WEDNESPAX,JUNE 23,1938
CAPffAL JIGSAWl
F
Fol
Mbe,2
2g3g
' USED‘CARVALUES
1936 Master Chevrolet Coupe, Jump Seat
1935 Standard Chvrolet Two-door Sedan
DICKSON-HAMILTON MOTOR COMPANY
115 S. Elm ‘ ___ ’ ' Phone 248
Another nice thing about an automobile is that
you can own one without affording It—Grapevine
Sun. '
It isn’t hard to live on a small salary If you don't
spend too much try ing to keep it a secret — Path-
fnder.
tioms. Other restrictions were loosened to encourage
the lending of an estimated 83.000.000,000 of private
mopey.
Whether this revision will have the desired effect
remains to be seen. Other attempts during recent
scent hi to speed up borrovig haven't worked out
as expected. The efforts were described by economists
asnnationary, but the inflation process failed to
statt. ’ 00
mut conditions are definitely better than a few
Myths ago, and perhaps this time the attempt to
pup more credit into business will have its effect,
without undue danger to the stability at the Nation's
banking structure. ; 4 ..
9
You never know when you
will be the next victim at an
automobile accident which
may mean a hospital bill run-
ning into many hundreds at
dollars.
S10 a year buys: s2,500 Pin-
etpal Aura: $500 netmburse-
menl for cost of medical, sur-
gical, hospttal and nursing at-
tention.
Can you afford to carry the
risk yourseir?
tion with curbing the state's produc- ] Ralph Higgins was accompanist,
tion, everyone familiar with its Burial was in the Old Hall ceme-
problems concedes. ; tery and pallbearers were Tom Hy-
it has had to move between the | der Joe Brown, Joe Cobb, B. Gra-
scylla of large production with a , ham, Tommie Hoskins and C. F.
resulting possible break in the price ; Watson He is survived by his wife,
structure and the charybdis of re- j his father. Ed Mitchell, one brother,
stridted output with oil field work- | Wilbur Mitchell of San Antonio,
-— j
ege
732
These gentlemen, however, do believe that business
will have started on a long upward pull by the end
at the year. They concede that there may be sone-
thing of a booth this summer or early Ml which
mittt boost the Federal Reserve Board’s industrial
STILL SENDING ’EOT OUT
Free Delivery
m
A KNOWLEDGE OF THE PAST
SOLVES TODAY'S PROBLEMS:
I have considered the days of old.
the years of ancient times.—Psalms
77:5. ,
JONES BOOTERY
North Side Square
FLORSHEIM SHOES FOR MEN
Friends say the commissioners
had to choose what they considered
the. lesser of two evils, the state-
wide closings two days in the week.
If they had let production go un-
l» -
l
Your v
Me.
2
BARBS
(opytight, 1938, NEA Service, Inc.)
Impoverished nobles are reported turning to
tortuhe-telling. It’s easier telling these days than
hunting.
f Pon
, (da2
0
were in Denton
Miss Lina Milliken was in Dallas. ,
day. July 1. Three-cent stamped envelopes and two-
cant cards will be redeemed upon presentation at
the office. •“ 9 5 70 m
Mr and Mrs J. M Edwards vis-
ited in Denton
Mrs. Taylor Cunningham and Mi- .
T. Miller and Miss Annie Miller; Mr: and Mrs. O. M
Mmhern and son, Lausten, and Mr. and Mrs. Evans
R Sherrill at Lewisville:
\ • • •
W A, Strickland of Sanger has sold his 800-acre
ranch on Clear Creek, 14 miles northwest at Sanger,
, to" C. Yeatte, the consideration being $46,000. In
the deal Mr. Strickland bought 160 acres of land
from Mr. Yeatte, four miles north Banger, for a con-
aideration of $24,000,
(DA **, • • •
Emory Tobln, son of F. E. Tobin, who has been
oversee u with the quartermasters corps, has arrived
at Camp Hill. Va., and is expected home in a few
days.
W,
By GEORGE TUCKIR
NEW YORK, June 29—Today was the best treat
of all. . . . Sick man’s treat. ... But to explain. I’ll
have to go back. . . . For a long time now Milton
Cann and Noel Bickels and this temporarily un-
horsed trooper have made a study of the Civil War.
... We have read nearly everything on this subject
that has been written. ... We have bought most of
the recent books on it. . . . The Lee books, the1
Jackson biographies. the whole dusty battalion of
chronicles of Stuart and Sherman and Morgan and
Beaureguard and the others.
When we are together we talk In that lingo, and
sometimes, as a gag. address each other as if we
were aides attached to the staff of this officer or that
Well, I became UI. . . . And early this morning a
courier raced up to this house and rang the door.
He seemed strangely awed. When the door was open-
ed he doffed his cap. bowed and whispered: "For the
Colonel—a package for Colonel Tucker.” He seemed
Incredulous at- having the good fortune to be de-
livering a special delivery package tar “The Colonel".
. * • •
The package contained one of the finest water-
colors I have ever seen. It was purely a personal ges-
ture, and could mean nothing to an outsider. Yet I
can not let this opportunity go by without explain-
ing what it was.
The sketch showed an abanduned bouse on a red
clay roadside in Georgia, In the 1860's . . . Gathered
in a circle in the center of the road was a group of
Confederate officers. > In the shade of some trees
stood their tired, dusty mounts. ... A few soldiers
were scattered here and there. ... Off to one side
and so still they reminded one of frozen statuary
Obstacles and big ones to immediate recovery in-
clude a large volume of consumer debt and many
big-inventories—totals at both had run up to 1938
levels by the beginning of the present depression;
Mee automobile situation, where it has been found
that 43 per cent of all automobiles being operated
enny this year were less than three years old, as com-
pared with 38 per cent in 1933; a probable early de-
cline in exports and completion of many expansion
projects in private industry.
Curiously enopgh, aside from the spending program
on which the adaiainistration depends so heavily, the
most hopeful factor cited to the fact that such pro-
duetlon has fallen well below consumption Tips
mssne that, inventories are being worked off and that
a mere change in psychology might lead at any time
to widespread resumption at production by manu-
facturers who would be willing to let their inven-
tortoe stand as to.
Two members of the Commission
running for office are C. V. Ter-
rell. chairman. and Ernest O. ।
■ Thompson, candidates, respectively,
I for re-election and for governor.
The commission has, had a very
| difficult course to steer in connec-
production index from its present level of 78 to as
high as 80 points. But they
and doubt whether such al . ____ -________
than temporary until the first substantial effects of
public works spending begin to be felt about six
months from now.
------
Bumpamsnnagastonat _____________
UMOUrTiON BATES
gma
One month sekvered .............. ..........................
NOTICE TO THE PUBLIC
Knight.
Mrs. J. W Degan visited in Den-
ton
Frank Mayfield of Denton visited
Mr and Mrs E R Sherrill.
Misses Ita Webb and Joevelyn
Savage of Denton visited Mr and .
Mrs W G. Savage.
Mr and Mrs Houston Still and
son of Dallas visited Mr and Mrs
M D Fagg and Miss Dorothy
Thomas
Mr and Mrs. L T Hoskins and
Rifling Brothers, Barnum ana Bailey Circus, the
bigwest at them all, has cancelled Its summer circuit
ahU headed ft* its winter quarters in Florida follow-
ing an impasse over wages for union employes. The
drab mtojpement declared it couldn’t pay the union
acale and the union refused to accept the 38 per
cent reduction that others in the circus, including
the performers, had agreed to take so the show
could go on.
” Tere will be many thousands of youngsters, and
cone older people too, Who will wonder whether this
means the end at the big circuses. Two decades ago
there were at least three big concerns, but mount-
ihg expenses and completition have forced them to
combine in the one Ringling show. And now that out-
# appears to be just two jumps ahead of dissolution
*laa a new agreement can be reached with the
circus workers. The kids at America, from 8 to 80
y^ars old, hope that the big show continues.
Someone asked Lawrence, who, I Mr and Mrs J H Morgan Jr. of
incidentally, to a former Assistant : Hebron visited Mr and Mrs. Tom
Attorney General, whether the voters Gentry.
to whom he referred had paid their 1 Mrs. Charlie Malechek of Bars-
A youth who went out to look at the moon
escaped Injury the other night when he fell from
a roof, but young people who go moon-gazing
still ought to watch their step.
The year's symphony concerts in Cleveland
drew 63,000 people; one* recent ban game there
drew 7000 more than that Music hath charms,
but baseball hath what it taketh.
WAPLES-PAINTER LUMBER CO.
poll taxes. lett is visiting her daughter, Mrs.
Lon Smith, another member of , Clyde Mitchell.
the commission, queried whether | Mrs. J. G. Savage, Miss Jewel
there were any women, on the list. | Twitty and Miss Bess Hendrix
"Yes," Lawrence, replied. "Lots ■ —
Any erromeonus reection upon the character, repu-
ation M stanazng of any arm. Individual or corpora-
t«m will be gladly corrected upon being called to the
WKcAmxUaled Freee to exclusively entitiea to the
- use for rs-publioauon at all news dtsptcheg credited to
it or not otherwise credited la this paper and also the
16 news pubihed herein.
ets thrown out of employment and three sisters, Mrs Crawford Heath |
Royalty owners repaying smaller 1 of Lewisville, Mrs Wilson Edwards ‘
profits. \ and Mrs Clay Witherspoon of Aledo. !
Men out of work and making less ’
money as a result of action by the
commission might not be in the
frame of mind to vote for the com-
missioners Therefore, the shot in
the arm of Increased July produc-
tion.
Te County commtsstoners Court Friday accepted
thenew reinforced concrete bridge over Denton creek
on Tha Panton-Roanoke road after making an in-
speotion Inpt the bridge The bridge was built by
’Commissioner r‛E Crawford with the labor at the
county road gang.
(Commerce were in Fort Worth
Wednesday afternoon to attend a
-----------—-w -■ rw 1
XTRA SPECIAL
2- and 3-thread Hose, $1.15 value................
- LA MODE
South Side Square
Dentonites Attend
1cxy i xx I tie son visited her parents. Mr and
U. <3. Works Meeting Mrds O C Pass in Denton '
----- “ . j Mr and Mrs R. O Davis of Irv-
ing visited her parents Mr. and
Mrs. A Hayes.
--------------
SPECIAL NOTICE TO M. B. A.
MEMBERS
By now you should all have no-
tice of your premiums due July 1st
and tt will be the most important
matter you will attend to this
month. It any one now paying
monthly, can begin paying quart-
erly or those paying quarterly to
annuall, it will be greatly to your
interest more ways than one See
me about this by the 1st, W. C
Fyffe, 411 8. Locust—Phone 199 . 373
Decision of the Railroad Com-
mission to allow creator oil produc-
tion to July than in June was not
surprising to the industry, said op-
erators attending the statewide pro-
ration hearing here June 20
In the first place, July and Aug-
ust are the months of greatest gas-
oline consumption, because they are
the months when America goes
traveling.
In the second place, July is the
month of the most Important elec-
tion in Texas this year, the first de-
mocratic primary.
When the Saturday closing of
Teas fields was ordered weeks ago,
it was forecast by some that the
lid would be removed, at least par-
tially’. before the election July 23, if
conditions in any way justified it.
12 A
meeting addressed by WPA and j
PWA officials in the Denton group
were Mayor Lee Preston, City En- |
gtneer W N Harris, County Judge :
George P Elbert, President M. D. ;
Penty and Manager O L Fowler;
of the Chamber of Commerce, and ;
R J Edwards
The Federal spndng officials
were to speak on how much money
is available to cities and counties
and under what conditions those
funds may be obtained for projects.
19 Years Ago Today
nom Record-Chronicle. June 29, 1919)
ers of the A. D Miller family enjoyed a re-
unday at the home on West Sycamore Street,
ing the return of two sons from overseas duty
» American Expeditionary Porces, Those pres-
udee Mr. and Mrs A. D Miller. Mr. and Mrs
> Miner. Mr and Mrs. Walter Miller, Edwin
Flattered! Of course I was. I couldn't get it fram-
ed and hung quickly enough. Noel Sickles drew it
And with it came a caricature at myself as a trooper
in Ooi. Morgan's Virginia riflemen, drawn by Milton
canim, to be pasted in the front of “Rabble in Arms”,
a chronicle of the wars at 1776. And with it this
explanatory note:
"My dear T.: Since we are abandoning this post
on the morrow, I beg you to take this little sketch
to insert as a frontispiece in your copy of the chron-
icles of our armies in the war against the British,
as set down by Peter Merrill at Arundel.
“You being ill at the time the volume was sent
you, and me being so far away in the woods, I was
unable to put the drawing directly on the pages, as
I hoped to. ,
“one of General Parley's men has consented to
carry this to you—and he is anxious to be off. I hope
you soon will be well enough to rejoin your command
to carry, on in our glorious cause." . .
The letter was signed: "Yr Obt S’rv’t, M. Caniff.
Brevet-Major. New York Militia."
njt ‘ 7 r * r ’
Contemporary Thought
REFLECTIONS ON DITTO
There was an interesting story in a Philadelphia
paper the other day.
A peacock roaming around in the city zoo encoun-
tered a penny scale that bore a mirror The bird
looked into the mirror and thought he had discovered
an etlemy. That was sad. He rushed at the scale with
murder In his heart and almost killed himself. When
he rose from the ground he looked at the mirror
again and discovered the other bird still standing.
But, being a bird, and not having man's inteni-
fence, be refused to believe what he saw, so he went
right back to his old position and started in killing
himself again.
There was an Interesting story in a New York pa-
per the other day.
It was on the financial page. "Students of condi-
tions who have pored through the statistical records
of the last few months,” if read in part, “find noth-
ing to stand in the way of a general recovery in busi-
ness and industry, . . . Inventories are far below
year-end figures . . . prices of raw materials are at
the lowest for several years. . . . There are unusually
few distress signals flying. ... On the other hand,
business psychology is still gloomy. . . ."
Why not try keeping your eyes of! the mirror for
a while?—Amarillo News.
......
FULL
MEDICAL
AUTOMOBILE
ACCIDENT
POLICY
a,
' * A4/"T4 ■
24
-s-
—8
,-32
pei-
,8
instance, and several of first and I Theraxwas consderable .fun .at the daughter visited in Enid, Ok“
second instance. Salvador is d.- statediderbearinsoresnttequhstsons
Special to Record-Chronicle,
LEWISVILLE, June 28—Funeral
services for Clyde Mitchell, 37, who
died at his home Wednesday, were
held at the First Presbyterian
Church Thursday, conducted by the
pastor, Dr Robert E. Robinson.
Mrs. A. Hayes and Mrs C. F
Watson and J. M Edwards sang,
and the choir sang hymns. Mrs.
of Denton visited Mmes. J. N.
Mr and Mrs Lee Vaughan of
Dallas visited her parents, Mr. and
Mrs Y S Ready.
Miss Wilma Wolters of Dallas vis-
ited her mother. Mrs. Fred Wol-
— tors
of the situation remarked he rep- Dr. and Mrs s H. Crawford and
resented 8,500 persons "over 21 years I children of Dallas visited Mr. and I
old " I Mrs C W Orr
By HOWARD C. MARSHALL
AUSTIN, June 18.—44' The
daughter of a woman killed in an
automobile accident has written to
Gov. James V. Allred to praise a
published article by him urging
trame safety and to suggest that
all drivers in Texas carry liability
insurance.
She said her mother, "like mil-
lions of others,” was struck by an
automobile driven by a person who
"had no financial standing whatso-
ever."
"Would it not be a fine thing
to add to the safety campaign some
form of protection for the families
of the unfortunate victims?" she
asked.
“In this state, we do not have
compulsory liability for automobile
drivers, and in the absence of this
I believe every automobile driver
should be urged to carry at least
five hundred dollars in accident
Insurance to be paid to the family
of any person who might be killed
by an automobile driven by any-
one, liability being admitted.
“Such a contract could be put
in force for a premium of one dol-
lar per year, and I really believe
that the people of Texas would co-
operate with a plan of this nature
and in so doing, would have a
constant reminder of their respon-
sibility to their fellow man."
The state insurance department
said Massachusetts alone had com-
pulsory liability insurance, but sev-
eral require automobile drivers to
give evidence of "financial respon-
sibility,” in lieu of carrying insur-
ance.
Several years ago a bill to make
liability insurance mandatory in
Texas was introduced in the Leg-
islature, but made no headway.
Mon.Wopt “^7 S,ret Renna:
-------- Inc.
. « """ -
Member Audit Bureau at Otroulationa,
Meobi. AModavM Pe
* MwnMe tbsae DeUy Brees League.
I BehindScenesin Washington
NBA Bervire Btaff Oqrresdondent
WASHINGTON, June 29 —Optimistic statements
by President Roosevelt and Secretary of Commerce
■toner, suggestig an early upturn in business, are
not fully shared by the more conservative economists
IS, 1821, Salvador holds great
faith in the democratic form of
government. So it now joins the
growing list of nations issuing spe-
cial postage stamps to mark the
150th anniversary of one of the
greatest experiments in democ-
racy. the United States Constitu-
tion.
The present constitution of
Salvador was promulgated Aug
13, 1888, and provides for three
divisions at government. The leg-
islative function is invested in a
congress of a single chamber. Vot-
,__________ ______ ing is obligatory on every male
stood an old bandanaed Mammy with her "passel" citizen of 18 years or over. The _
of young blacks ... An ammunition wagon stood in ' president and vice president are 1 restrained, then the price structure
yonder corner in the shade. .. Tou could tell by elected by popular vote for four- possibly would have collapsed, and
the looks on their faces that something untoward year terms, and may not succeed more people would have been hurt
was happening. . . . Something you couldn't quite themselves for the ensuing term and more votes alienated than there j
put your hand on, yet you knew it must be something The judiciary is composed of a were as a result of the shutdowns. >
of grave concern. . . . And then you knew. For under supreme court, one court of third m. _ , .. !
the picture was the simple caption: "Coloner Tucker ----------------• - «— —•1 There was considerable fun at the
,93
, sp
60,
-i-im-jenarozagcarzida,,
-eme=mhee*-2
_Mees-E-,-
Vitamin “D”
for 1
rate |
men ts
This I
and S
accept
Terms
—By Mary Grahata BtVUM
COMPLAINT NIGHT
I heard of something the oth-
erday," said Willy Nilly, as hts ani-
mal friends gathered together for
supper, “and I think it to a very
.god idea."
But he hadn't a chance to say
anything more as a boy with a bi-
cycle was bringing him a note.
"There’s no answer," said the
boy and rode away.
Willy Nilly opened the note. “It’S
from the teacher,” Willy Nilly ex-
plained. "She tells me that she
thinks the lamb did her pupils
a great deal of good. She says that
they all passed their examinations
and she thinks it was because they
had got over their nervousness
by the interruption.”
"Well, did I ever," cawed Chris-
topher Columbus Crow. Sweet Face
smiled.
"You’re a lucky lamb," continued
Christopher.
“I know it,” bleated Sweet Face.
"That helps," cawed Christo-
pher.
“Now for the idea," cackled Top
Notch tn his practical fashion.
“I heard of a family," said Wil-
ly Nilly.
"There are lots of families in
the world," quacked Mrs. Quacko.
"Don’t be rude, Mrs. Quacko and
Interrupt,” cackled Top Notch. "It’s
a bad faqut of yours.”
“I’ve heard you interrupt," re-
turned Mrs Quacko.
“Oh no, hardly ever. It is some-
thing you do, and it's not right.”
“Ah, that's what I mean,” said
Wily Nilly.
"About interrupting?" asked Top
Notch. "This family were always
interrupting?" ,
"No. it was about a 'Complaint
Night'.” They did not understand.
ZFpdn since she separated
from Spain with the other coun-
tries of Central America on Sept.
The recent rise in the stock market aroused no
enthusiasm among the government's business ex-
perts. who believe the market to vulnerable as long
as corporation earnings remain poor and that any
pronounced upturn there now to likely to be followed
by a fall of at least equal proportions.
• ' • 7e
If the wage-hour administrator about to be ap-
pointed by Roosevelt has the endorsement of the
American Federation of Labor top officials, that will
be a mere coincidence Relations between the White
House circle and President William Green are strain-
ed When Green recently sought to promote L. Met-
calfe Walling, administrator of the Walsh-Healey act
in the Labor Department, for the wage-hour job,
Walling’s chances became somewhat less than zero.
Administration lieutenants who worked for the
wage-hour bill charge bitterly that in the pinches
Green tried to get congressional leaders to support
provisions which would have made the bill impos-
sible to pass.
Claiming full credit for passage of the bill, A F.
of L. leaders deny that they wanted no bill at all
But the bitterness between them and New Dealers
may soon break into the open. Green enraged the
latir group by endorsing Senator Gillette in Iowa
despite his vote against the Senate wage-hour bill.
His recent endorsement of Congressman Maury Mav-
onRecord-Chronicle
aranqmaddoahqL.Magau
Ei) ....... MaaagUifBdltor
Maur ---—. murincsEeanager
IB ———_______dvertudhg Maninor
• cond-dam mau mattee at Denton,
2
M
-‘-2
■eS^Q.
<
/23-2
BANK RULES RIAXTD
Nr months the Nation’s banks have been confront-
ed by a problem of what to do with their cash. Money
Bas' piled up, but only a' comparatively small per-
dntege of it has been put to work, earning interest.
The bankers would like to lend more at tt, but were
reskrained by federal bank examiners who demanded
■bore liquid assets than was the custom, particularly
9b the smaller banks. The federal government on
‘ the other band, asked the banks to be more liberal
IB Making loans. The bankers couldn’t follow the ad-
vice at one unit of government without risking cen-
sure from another. T
But this situation was clarified this week with the
announcement by President Roosevelt of a revision
in federal bank examining procedure. Bankers can
lend on local enterprises for longer than nine months
without critictom. so long as the loans ar sound,
$ WI
MKB
For 1
W
CeEEEB310e
Upcoming Pages
Here’s what’s next.
Search Inside
This issue can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Newspaper.
McDonald, L. A. Denton Record-Chronicle (Denton, Tex.), Vol. 37, No. 273, Ed. 1 Wednesday, June 29, 1938, newspaper, June 29, 1938; Denton, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1540246/m1/6/?q=%22%22~1: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Denton Public Library.